[beck7295]

I've read a number of posts in which people have said they could sell their used Rolex for the price of new or that the watches appreciate over time. I have a white dial Milgauss, an anniversary Sub and a SS YM and I love them, but I don't understand how or where I could sell them for the same price or more than new.

 

[nsolga]

well, depending on condition, certain models will go for more than MSRP. i.e. the LV - it is going for higher than MRSP in some circles. The Milgauss as well, it is a sought after watch....

Not so sure on the SSYM - great watch but, not that sought after to allow for higher resale than MSRP.

 

[Scott D]

Actually, I doubt any of those models would go for current retail. What most mean when they say they can get 'new' price or that their watch appreciates is if you hold onto the watch for several years (and thru several price increases) the new prices will rise, which with it brings the used prices up. So if you paid $5,000 for the sub say 2 years ago, and in 4 more years it's selling for say $7,200, then you can probably sell the watch for the same, or more, than you have in it - the $5,000. You probably will not get the $7,200 or more a new off the floor one would be - unless that model is impossible to get (think Daytona). With the exception of a few models (such as the Daytona) where demand far exceeds supply, you won't be able to get the current new price for a used Rolex.

Yes, you may see them being offered at more than MSRP, but that doesn't mean people are buying them for those prices. Example, do a search on ebay for LV Sub. I found 13 for sale. All but 2 have a price over the MSRP. But not 1 had a bid - zero.

A Milguass you can probably get more on right now as supply is still tight as it's still new. Same with the GMT IIc, though supplies are leveling on that one. The LV was hot a couple years ago, but demand has cooled - or supply increased because I can now find one with little effort in an AD. I'd be surprised to find many buying a preowned above or near retail now.

 

[DarkHeart]

The only Rolexes I've seen commanding prices higher than MSRP are the SS Daytona, Milgauss, and GMT IIc.
Remember what you ask isn't necessarily what someone will pay.

 

[MikeS]

i have seen some do this overtime. but alot is supply and demand and if you bought early and have had a few price increases!

 

[feudallordcult]

instead of increasing in value, i like to see it as not losing value over time.

 

[timefinder]

instead of increasing in value, i like to see it as not losing value over time.

Well...with the new price increase, I do not see them losing value anytime soon. Although Rolex may be a tyrant when it comes to pricing, it does keep the value of watches stable for resale purposes.

 

[bullandvodka]

Well all, lets be clear on this. A Rolex, by and large, is a terrible investment. While it isn't an quite an armadillo farm, it is more similar to a 2% bank savings account. If history is our guide, you can probably expect over a 10 year period for Rolex to raise the pricing of the new models. The older models that look the same will appreciate to the point of trading at or above the price you originally paid for it.

I don't see this so much as an investment since I'm not earning any money from the watch and when you consider inflation you're still losing money. One nice perk however is that Rolex watches have excellent liquidity. You can lay it down anywhere in the world and it is the same as cash on the barrel. In this respect Rolex is unmatched in the world of watches as I know of no other that can do this. When viewed financially it is a loss, however you do get to enjoy IMHO one of the finest watches in the world and you won't lose value.

 

[Scott D]

Well all, lets be clear on this. A Rolex, by and large, is a terrible investment. While it isn't an quite an armadillo farm, it is more similar to a 2% bank savings account. If history is our guide, you can probably expect over a 10 year period for Rolex to raise the pricing of the new models. The older models that look the same will appreciate to the point of trading at or above the price you originally paid for it.

I don't see this so much as an investment since I'm not earning any money from the watch and when you consider inflation you're still losing money. One nice perk however is that Rolex watches have excellent liquidity. You can lay it down anywhere in the world and it is the same as cash on the barrel. In this respect Rolex is unmatched in the world of watches as I know of no other that can do this. When viewed financially it is a loss, however you do get to enjoy IMHO one of the finest watches in the world and you won't lose value.

Well said... :thumbup1:

A watch (short of a very limited or highly sought after vintage) should not be used as an investment. It's a 'disposable' item you wear. And if you happen to get a few bucks extra for it someday, it's a bonus!

 

[wantonebad]

Well all, lets be clear on this. A Rolex, by and large, is a terrible investment. While it isn't an quite an armadillo farm, it is more similar to a 2% bank savings account. If history is our guide, you can probably expect over a 10 year period for Rolex to raise the pricing of the new models. The older models that look the same will appreciate to the point of trading at or above the price you originally paid for it.

I don't see this so much as an investment since I'm not earning any money from the watch and when you consider inflation you're still losing money. One nice perk however is that Rolex watches have excellent liquidity. You can lay it down anywhere in the world and it is the same as cash on the barrel. In this respect Rolex is unmatched in the world of watches as I know of no other that can do this. When viewed financially it is a loss, however you do get to enjoy IMHO one of the finest watches in the world and you won't lose value.

As far as an investment you are correct, but you can't wear a bank account or get compliments on a stock purchase. A CD won't smile back at you when it tells you the time either